According to Shimshon Bichler and Jonathan Nitzan capital is not an economic quantity but a mode of power; it could be sumarized as: “Capital is power quantified in monetary terms”. So, what do we do when we “quantify”? What is the nature of “money” in a capitalist society? And, indeed, what is “power” in the first place? In the following I will try to develop a concept of power as the ability of persons to create particular formations. The kind of formations persons can think of depends on the society a person lives in, which can be identified by what Cornelius Castoriadis called its social imaginary significations (SIS). The core SIS of capitalism is rational mastery operating with computational rationality. Computational rationality i...
Tim Di Muzio: You argue that the capital as power framework does not offer a general theory of socie...
Existing theories of political economy, liberal as well as Marxist, see capital as a dual entity. Ac...
One of the basic modern society’s characteristics lies in the manifestation of rationality. All the ...
* Winner of the 2018 RECASP Essay Prize * According to Jonathan Nitzan and Shimshon Bichler (2009...
1 INTRODUCTION. – 2 POWER. From magma ontology to the dual project of modernity. Some etymology. Ges...
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are ...
FROM THE BACK COVER Conventional theories of capitalism are mired in a deep crisis: after centuri...
abstract labour capital capitalization finance political economy power price production science stat...
[THIS ARTICLE APPEARED PREVIOUSLY AS TWO SEPARATE PAPERS: "CAPITAL AS POWER: TOWARD A NEW COSMOLOGY ...
Theories of society, as of nature, are characterized by their elementary particles. The elementary p...
asset pricing capitalization capitalism collapse complex systems confidence in obedience discounting...
asset pricing capitalization capitalism collapse complex systems confidence in obedience discounting...
This chapter asks how we are to understand the “economic rationalism” that marks the present orderin...
Existing theories of political economy, liberal as well as Marxist, see capital as a dual entity. Ac...
capital as power chreods epochal changes finance hype reward social paradigm* Winner of the 2022 REC...
Tim Di Muzio: You argue that the capital as power framework does not offer a general theory of socie...
Existing theories of political economy, liberal as well as Marxist, see capital as a dual entity. Ac...
One of the basic modern society’s characteristics lies in the manifestation of rationality. All the ...
* Winner of the 2018 RECASP Essay Prize * According to Jonathan Nitzan and Shimshon Bichler (2009...
1 INTRODUCTION. – 2 POWER. From magma ontology to the dual project of modernity. Some etymology. Ges...
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are ...
FROM THE BACK COVER Conventional theories of capitalism are mired in a deep crisis: after centuri...
abstract labour capital capitalization finance political economy power price production science stat...
[THIS ARTICLE APPEARED PREVIOUSLY AS TWO SEPARATE PAPERS: "CAPITAL AS POWER: TOWARD A NEW COSMOLOGY ...
Theories of society, as of nature, are characterized by their elementary particles. The elementary p...
asset pricing capitalization capitalism collapse complex systems confidence in obedience discounting...
asset pricing capitalization capitalism collapse complex systems confidence in obedience discounting...
This chapter asks how we are to understand the “economic rationalism” that marks the present orderin...
Existing theories of political economy, liberal as well as Marxist, see capital as a dual entity. Ac...
capital as power chreods epochal changes finance hype reward social paradigm* Winner of the 2022 REC...
Tim Di Muzio: You argue that the capital as power framework does not offer a general theory of socie...
Existing theories of political economy, liberal as well as Marxist, see capital as a dual entity. Ac...
One of the basic modern society’s characteristics lies in the manifestation of rationality. All the ...